Payments
Invoice
The itemized billing document a creator issues stating deliverables, amounts, taxes, dates, and payment details.
What it means in practice
An invoice gives accounts payable the information needed to verify and process an amount owed. It commonly includes the creator's legal details, invoice number, purchase order reference, line items, currency, due date, and payment instructions.
Why it matters
Missing or inconsistent invoice details can delay approval and payment.
How it is used
A creator submits an invoice after approved delivery so the brand can match the charges to the campaign agreement.
Related terms
- Product-Only CompensationAn arrangement where a creator receives free goods instead of cash, which may still carry tax implications.
- Net 30A payment term requiring settlement of the invoice within thirty days of its issue or receipt.
- EscrowHolding campaign funds with a neutral third party until agreed deliverables are approved and released.